Liquidity Services Inc. (NASDAQ:LQDT) VP Mark A. Shaffer sold 1,145 shares of Liquidity Services stock in a transaction on Monday, October 10th. The shares were sold at an average price of $10.10, for a total transaction of $11,564.50. Following the transaction, the vice president now owns 2,758 shares in the company, valued at approximately $27,855.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Liquidity Services Inc. (NASDAQ:LQDT) opened at 9.95 on Thursday. Liquidity Services Inc. has a one year low of $4.42 and a one year high of $11.49. The firm has a 50-day moving average of $10.12 and a 200-day moving average of $7.84. The firm’s market cap is $305.87 million.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.09) by $0.16. The firm had revenue of $85.18 million for the quarter, compared to analyst estimates of $72.48 million. Liquidity Services had a negative net margin of 15.72% and a negative return on equity of 3.11%. The company’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 EPS. Analysts anticipate that Liquidity Services Inc. will post ($0.09) EPS for the current year.

Separately, Zacks Investment Research lowered shares of Liquidity Services from a “buy” rating to a “hold” rating in a report on Thursday, July 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $6.65.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System raised its position in Liquidity Services by 1.6% in the second quarter. Arizona State Retirement System now owns 12,737 shares of the company’s stock valued at $100,000 after buying an additional 200 shares in the last quarter. Acrospire Investment Management LLC bought a new position in Liquidity Services during the second quarter valued at $118,000. Brandes Investment Partners LP raised its position in Liquidity Services by 29.2% in the second quarter. Brandes Investment Partners LP now owns 15,374 shares of the company’s stock valued at $121,000 after buying an additional 3,475 shares in the last quarter. American International Group Inc. raised its position in Liquidity Services by 0.6% in the second quarter. American International Group Inc. now owns 18,492 shares of the company’s stock valued at $145,000 after buying an additional 113 shares in the last quarter. Finally, Nationwide Fund Advisors raised its position in Liquidity Services by 24.6% in the second quarter. Nationwide Fund Advisors now owns 19,477 shares of the company’s stock valued at $153,000 after buying an additional 3,850 shares in the last quarter. Hedge funds and other institutional investors own 65.33% of the company’s stock.